Midcoast Federal Credit Union
Midcoast Federal Credit Union

RATES/FEES      MIDCOAST CONNECTION / HOME BANKING      TRUTH IN SAVINGS      PRIVACY POLICY

Current Rates: As of July 27th, 2010
Rates Are Subject to change without notice
 

Your Funds are Federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. The National Credit Union Administration (NCUA) is a U.S., Government Agency. Please call or stop in for a booklet on Your Insured Funds. 

Savings

Type of Account Dividend
Rate		 Annual Percentage Yield Other Information
Share .25% .25%

 $25.00 Minimum Balance

Club .25% .25%

 No Minimum Balance

Member Checking .0% .0%

 No Minimum Balance
Member Plus Checking .20% .20%

 $500 Minimum Balance
IRA < $10,000 .90% .90%

 
IRA > $10,000 1.15% 1.16%  
Tiered Money Market Account    

 
 Equal to or less than $20,000 .40% .40%

 $1000 Minimum Balance
 Greater than $20,000 .55% .55%

 $1000 Minimum Balance
Certificate of Deposit      
6 months .70% .70%

 $1000 Minimum Balance
1 yr .95% .95%

 $1000 Minimum Balance
15 months 1.05% 1.05%

 $1000 Minimum Balance
2 yrs 1.35% 1.36%

 $1000 Minimum Balance
3 yrs 1.85% 1.86%

 $1000 Minimum Balance
4 yrs 2.50% 2.53%

 $1000 Minimum Balance
5 yrs 2.75% 2.78%

 $1000 Minimum Balance

IRA Certificate of Deposit

      
6 months .70% .70%

 $1000 Minimum Balance
1 yr .95% .95%

 $1000 Minimum Balance
2 yrs 1.35% 1.36%

 $1000 Minimum Balance
3 yrs 1.85% 1.86%

 $1000 Minimum Balance
4 yrs 2.50% 2.53%

 $1000 Minimum Balance
5 yrs 2.75% 2.78%

 $1000 Minimum Balance
Monty Moose
(Children's Savings Account)		 .25% .25%

 $5 Minimum Balance 
Take Charge (Teen Program) .25% .25% 

 $5 Minimum Balance

Monty Moose & Take Charge Certificates are also available. Minimum Balance is $500. Rates and Terms are same as those stated above.

         
Account Service Fees
 
Share (Savings) Account Fees
  • Accounts under the minimum balance of $25.00 will be subject to a $5.00 per month service fee.
  • Share Accounts closed within 6 months of opening will be charged a $20.00 fee.
  • 2nd Returned Statement due to incorrect address $5.00
  • Back-Up Withholding Set-Up Fee $10.00
  • Legal Processing Fee $25.00
  • Inactivity Account Fee $50.00

Share Draft (Checking)

  • Monthly Service Charge $1.00 per month
  • Member Plus Checking $5.00 per month - if minimum not met
  • NSF Fee $25.00 per item
  • Member Privilege fee $25.00 per item
  • Debit Card NSF fee $25.00 per item
  • Overdraft Transfer Fee $5.00 per item  
  • Copy of Share Draft Fee $3.00 per item
    (Over Night $7.00 per item)
  • Check Printing Fee prices may vary depending on style

Business Checking

  • Monthly Service Charge $6.00
  • Over 50 items cleared per month $0.20

IRA Fees

  • IRA New Account $5.00
  • IRA Annual Fee $8.00
  • IRA Close/Transfer $25.00

Other Service Fees (applicable to all accounts)

  • Account Reconciliation $15.00 per hour
  • Account Research $15.00 per hour
  • Statement Copy Fee $5.00 per copy
  • Deposited Item Return Fee $10.00 per item
  • Wire Transfer Fee
    Outgoing $20.00 per transfer
    International $35.00 per transfer
  • In State Credit Union to Credit Union $5.00
  • Western Union Quick Cash $18.00 each
  • Money Order Fee $1.00 each
  • Money Order Copy $5.00 each
  • Stop Payment Request Fee $20.00 per request
  • 2nd Extension Loan Processing Fee $25.00
  • Loan Modification Fee $150.00
  • Lien Subordinations $150.00
  • Current History $2.00
  • Corporate Draft Copy $10.00 each
  • Photocopies $0.25 per copy
  • Phone Transfer Fee $3.00 (unless Online Access is not available)

Electronic Funds Transfer Fees (NEACH)

  • ACH NSF Fee $25.00 per item
  • Member Privilege ACH Fee $25.00 per item
  • ACH Stop Payment Request $20.00 per item
  • Midcoast owned ATM FREE
  • Nonproprietary ATMs $1.00
  • Nonproprietary ATMs $0.65 per Account Inquiries
  • Nonproprietary ATMs $0.65 per Funds Transfer Fee
  • ATM Withdrawals $1.00 after Four (4) FREE per month
  • VISA International ATM Fees range between $0.50 - $1.25 on top of additional exchange fees. For more information contact our Card Services Department located in our Bath Office, toll free at 1-877-964-3262 or 443-5531.    
  • Teller-Phone FREE
  • Midcoast Connection Online Service FREE
  • CU E-Statements FREE

Midcoast Federal Credit Union is a member of Surf (Surcharge-free ATM Credit Union Alliance). The rates and yields appearing in the Rate and Fee Schedule are accurate and effective as of today's date. If you have any questions or require current rate information on your accounts, please call Midcoast Federal Credit Union.

Loans  

Need a loan? Apply now!

Our Personalized Lending Program is here! With money to lend and many loan products available, Midcoast Federal Credit Union can customize a loan to meet your financial needs. Every member is unique and every situation is different. With our new program we can approve more loans at the best qualifying rate.

From vehicle loans to mortgages and everything in between, Midcoast Federal Credit Union is YOUR lending leader!

Contact one of our knowledgeable Loan Officers TODAY!

Stop in any of our branch offices or call us toll free 1-877-964-3262.

Bath Lending Center

Anita … anitac@midcoastfcu.net, phone ext. 1219

Susan … susanc@midcoastfcu.net, phone ext. 2712

 Brunswick

Cheryl … cheryl@midcoastfcu.net, phone ext. 2711

Nora ... noram@midcoastfcu.net ext. 1218

 Edgecomb

Kathy … kathy@midcoastfcu.net, phone ext. 3315

Lorraine … lorraine@midcoastfcu.net, phone ext. 3314

Thomaston

Peggy … peggyb@midcoastfcu.net, phone ext. 4401  

Terri … terrir@midcoastfcu.net, phone ext. 4402  

 



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